Cheap Apartments for Rent in the Medical District Austin, TX from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Medical District area of Austin.

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Medical District, Austin, TX Local Guide

Cheapest Available Medical District Apartments for Rent

 

The cheapest available apartment rental in the Medical District area of Austin, TX is a 2 Beds unit found at Estates at East Riverside priced from $1,084. Lone Star Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Medical District apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Estates at East RiversideTwo Bedroom2BR,2BA$1,084
Lone Star Lofts1BR/1.0BA1BR,1BA$1,200
Berkshire RiverviewStudio 1Studio,1BA$1,285
The BouldinS11BR,1BA$1,311
Sentral East AustinEfficiency - Affordable 1630Studio,1BA$1,323
Eleven by WindsorS1Studio,1BA$1,334
Lakeshore PearlE2Studio,1BA$1,444
San Remo ApartmentsStudio1BR,1BA$1,450
Corazone1Studio,1BA$1,461
PlatformA11BR,1BA$1,464

Best Value Apartments for Rent in Medical District, TX

As of June 23, 2025 the best value apartment in the Medical District area is the $1.33 price per square foot Three Bedroom Model at Estates at East Riverside in the in the Oltorf-East Riverside neighborhood starting from $1,523. The second greatest value Medical District apartment is the 2B Model at Sabina starting at $2,681 with a $2.44 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Medical District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Estates at East RiversideThree Bedroom3BR,3BA$1.33
Sabina2B2BR,2BA$2.44
Eastside StationB2D2BR,2BA$2.53
AMLI 300A4cD1BR,1BA$2.62
The Beverly AustinA31BR,1BA$2.31
Villas on GuadalupeA2 Loft2BR,1BA$1.68
MAA South LamarTraditional 1x1 601-637 SF1BR,1BA$2.50
PlatformA11BR,1BA$2.31
Lone Star Lofts1BR/1.0BA1BR,1BA$2.17
Town Lake1x11BR,1BA$2.30

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Medical District, Austin, TX

Ranked #49

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Medical District Neighborhood in Austin, TX

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

68 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Medical District Apartments

What is a cheap apartment in Medical District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical District is under $1,464.

What is the price of a cheap apartment in Medical District?

The cheapest apartment in Medical District is Lone Star Lofts which is listed at $1,200, while the average apartment in Medical District costs $3,029.

What types of apartments are the cheapest in Medical District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Medical District?

Cheap apartments in Medical District have an average cost of $837 which is $2,192 cheaper than the average rent for all rentals in Medical District.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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